TVS Motor Company is expecting that sales will grow by up to 8% this fiscal almost equal to the industry growth and is anticipating that sales will pick up in the upcoming festive season. The company’s current production capacity is about three million units and will be investing in R&D and brand development this fiscal.
The company has reported 20.65% dip in total sales which stood at 154,647 units in August 2012 as against 194,898 units registered in August 2011. In two wheeler front, the total sales stood at 150,740 units in August 2012 in comparison with 190,184 units recorded in August 2011.
Besides, in three wheeler front, the company sold 3,907 units in August 2012 against 4,714 units in the same month of the previous year. Further, the company’s total exports for the month of August 2012 stood at 17,934 units against 29,984 units in the same month of the previous year.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 11675.00 |
| TVS Motor Company | 4402.05 |
| Hero MotoCorp | 5539.30 |
| Eicher Motors | 8101.00 |
| Ather Energy | 1475.00 |
| View more.. | |
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